Welcome to our dedicated page for Ford Mtr Co Del news (Ticker: F), a resource for investors and traders seeking the latest updates and insights on Ford Mtr Co Del stock.
Ford Motor Company (NYSE: F) regularly issues news and updates that reflect its role as a global automobile manufacturer and provider of connected services. This news page aggregates press releases and market-moving announcements related to Ford’s operations, strategy, vehicle sales, technology and financial performance.
Recent Ford news has highlighted strong U.S. sales momentum, particularly in trucks, SUVs and hybrids. The company reported that F-Series remained America’s best-selling truck and vehicle, that Explorer continued as America’s best-selling three-row SUV, and that the Ford Maverick achieved record sales as what Ford describes as America’s most affordable pickup. Ford also reports record hybrid sales, with F-150 Hybrid and Maverick Hybrid leading in their segments, and ongoing participation in the EV market through vehicles such as Mustang Mach-E.
Investors and followers of Ford news will find updates on the Ford+ plan, including decisions to adjust EV manufacturing capacity and product roadmaps, new investments in the Universal EV Platform and production system, and the launch of a battery energy storage business aimed at data centers, utilities and industrial customers. News items also cover Ford Pro’s commercial vehicle leadership, Ford Pro Intelligence software subscriptions, and collaborations such as the multi-year agreement with ServiceTitan to integrate Ford Pro Data Services with fleet management software.
In addition, Ford’s news releases provide information on BlueCruise hands-free driving technology, workforce and manufacturing investments in U.S. plants, European strategy and partnerships, and quarterly financial results and dividends. Bookmark this page to follow Ford’s latest announcements on trucks, SUVs, commercial vehicles, hybrids, EVs, digital services and corporate strategy.
Ford plans to nearly double the production of its all-electric F-150 Lightning to 150,000 vehicles annually at the Rouge Electric Vehicle Center in Dearborn, Michigan, due to high customer demand. The company has received nearly 200,000 reservations and will start the order conversion process this Thursday. Ford aims to expand its electric vehicle production capacity significantly, targeting 600,000 electric vehicles annually by 2024. Additionally, Ford is increasing Mustang Mach-E production and launching the all-electric E-Transit van this year.
Ford Pro has launched Ford Pro Charging, a comprehensive solution aimed at supporting commercial customers with electric vehicle charging needs. This service includes management software and hardware to streamline the transition from internal combustion engines to electric fleets, addressing maintenance, emissions, and total cost of ownership. With expectations of over 300,000 full-size electric trucks and vans annual sales by 2030, Ford is positioned to support 125,000 fleet customers in the U.S., optimizing energy costs and improving uptime.
Ford’s President and CEO, Jim Farley, will appear on the CNBC Investing Club series with Jim Cramer on Thursday at 12:40 p.m. ET. During the event, Farley will discuss advancements in Ford's growth strategy, the Ford+ plan, aimed at enhancing customer loyalty and operational efficiency. The Ford+ initiative integrates existing strengths with new capabilities to create value. View additional details and webcast information at CNBC.com/investingclub.
Ford has launched VIIZR, a SaaS tool developed with Salesforce to assist small businesses like plumbers and electricians in managing field services. This platform simplifies scheduling, invoicing, and customer relationship management via a cloud-based solution. The U.S. field service management market is expected to double, reaching $6 billion in six years, indicating high demand. VIIZR aims to enhance productivity, reduce back-office work by over 40%, and is priced from $39 per user monthly, helping trades increase efficiency and customer service.
Ford's executive director, Stuart Taylor, will participate in a virtual fireside chat at the Deutsche Bank AutoTech Conference on Thursday at 1:20 p.m. ET. The discussion will focus on how the Ford+ plan is generating value and growth in connected services, benefiting customers. Ford aims to leverage its strengths and enhance customer loyalty through this initiative. The company is committed to creating connected and electrified vehicles while pursuing leadership in mobility solutions.
Ford Motor Company (NYSE: F) has released its U.S. sales results for November 2021, showcasing its ongoing commitment to growth in the automotive sector. The company continues to enhance its market presence through the Ford+ growth plan, focusing on electrification, connected vehicle services, and mobility solutions. In November, Ford aims to deepen customer loyalty and provide innovative vehicle options, including trucks, utility vehicles, and electric models. The full report is accessible via Ford's media channels.
Ford executives will showcase the company's electric vehicle initiatives at two conferences on Friday. Lisa Drake, COO for North America, will speak at the Goldman Sachs Global Automotive Conference at 8:50 a.m. ET, followed by a Q&A session. Concurrently, Hau Thai-Tang, Chief Product Platform and Operations Officer, will present at the Credit Suisse Industrials Conference at 12:10 p.m. ET. Both will discuss Ford's strategy to enhance its electric and battery production capabilities.
Ford Motor Company has announced the details of its cash tender offers for various outstanding securities totaling up to $6.79 billion, an increase from a previously set cap of $5 billion. The tender offers include multiple series of notes and debentures with varying terms, acceptance priority levels, and total consideration amounts. The principal amounts tendered and accepted for purchase by the Early Tender Date reveal strong investor interest, with several series exceeding 50% acceptance rates. Ford's strategy aims to enhance its financial flexibility amidst evolving market conditions.
Ford Motor Company (NYSE: F) announced the results of its cash tender offers to purchase various series of its outstanding notes. The Aggregate Tender Cap has been increased from $5 billion to $6.8 billion, matching the amount tendered as of the early tender date on November 18, 2021. The Early Settlement Date is set for November 22, 2021. Securities will be accepted based on their Acceptance Priority Levels. Ford expects to deliver a notice of redemption for the 8.500% Notes due April 2023 on November 22, 2021, redeeming them on December 7, 2021.
Ford's CEO, Ted Cannis, will participate in a fireside chat at the Barclays Global Automotive and Mobility Tech Conference on November 18 at 9:20 a.m. ET. He will discuss the Ford Pro initiative aimed at enhancing performance for commercial customers through connected vehicles and technology solutions. The focus includes promoting the all-electric F-150 Lightning and E-Transit to support businesses' transition to electric vehicles (EVs). This aligns with Ford’s Ford+ growth strategy, which emphasizes reducing ownership costs and increasing uptime for commercial users.